International Finance

Tag : UK

Banking

Online-only banks gaining popularity

With banks struggling to remain profitable, digital banks are disrupting the way the industry functions Suparna Goswami Bhattacharya June 29, 2015: The one industry which has gone through a sea of transformation in the last decade is the financial industry. It all started with the opening up of ATMs and the addition of online banking...
Business Leaders

Skinners’ Academy wins Enterprise Challenge 2015

They came up with a system whereby students can donate spare change to a nominated charity from electronic currency Jonathan Freeman June 19, 2015: One of the flagship events in the Mosaic calendar is without doubt the Mosaic Enterprise Challenge Grand Final. After months of preparations, regional heats and tireless work from mentors, students and...
Finance Islamic Banking

An initiative to promote Islamic Finance

aafaq Islamic Finance signs MoU with University of Bolton’s Centre for Islamic Finance June 3, 2015: Institute of Finance & Management subsidiary of aafaq Islamic Finance, a leading provider of Islamic finance products and services in the UAE, has recently signed a memorandum of understanding (MoU) in London with the University of Bolton’s Centre for...
Economy

‘Focus on EU referendum and get it over with’

Industry believes decisive UK election result will help only once all hurdles to growth are overcome quickly Peter Taberner May 18, 2015: Britain is still raising its eyebrows, after David Cameron’s Conservative Party won an outright majority in the general election, after five years in Downing Street as part of a coalition government. It was...
Economy

London secures £200 mn for extension to Northern Line

The UK’s first ever CPI-linked Sterling bond will contribute to the cost of the new project May 12, 2015: A £1billion infrastructure project that will link Battersea to the London Underground is another step closer due to a pioneering new method of financing agreed between the GLA and Lloyds Bank Commercial Banking. On May 11,...
Finance Islamic Banking

Shari’ah law cannot apply to a commercial transaction in UK

A look into a case settled in 2004 in the England and Wales Court Of Appeal Camille Paldi April 28, 2015: Beximco Pharmaceuticals Ltd, Bangladesh Export Import Co. Ltd., Mr. Ahmad Solail Fasiuhur Rahman, Beximco (Holdings) Ltd. v. Shamil Bank of Bahrain E.C. [2004] EWCA Civ 19, the defendant Beximco Pharmaceuticals Ltd. and the other...
Business Leaders

Rewarding enterprise

In the fourth of his monthly columns, Jonathan Freeman writes about the Enterprise Challenge 2015 Jonathan Freeman April 21, 2015: The Mosaic Enterprise Challenge, generously supported by the Apax Foundation and Nectar Trust, is a fully immersive, business-based annual competition for secondary school students across the UK, designed to develop and encourage their entrepreneurial skills. This...
Economy

Uncertainty of election makes pound jittery

On April 10, the pound fell to a five-year low against the dollar Tim Evershed April 17, 2015: Uncertainty surrounding the result of next month’s UK general election is sending the sterling on a rollercoaster against the dollar. On April 10, the pound fell to a five-year low against the dollar as election jitters combined...
Business Leaders

Big businesses support Earth Hour

Over 100,000 employees in the UK expected to take part in the world’s biggest ‘lights-out’ display March 4, 2015: With just under one month to go, some of the UK’s biggest business names are helping to build a brighter future by supporting WWF’s Earth Hour, a symbolic lights out event that focuses the world’s attention...
Banking

SMEs: The double-edged sword of disintermediation

Fragmentation of SME credit markets requires business owners to be more knowledgeable Charles Thorburn February 3, 2015: Financial markets have gone through a roller coaster in the past eight years, and whether it’s been bank bailouts, sovereign debt crises or LIBOR fixing scandals, the world of finance has been a large part of the news...